USA HISTORY

Detailed explanation-1: -The New Deal was a set of domestic policies enacted under President Franklin D. Roosevelt that dramatically expanded the federal government’s role in the economy in response to the Great Depression.

Detailed explanation-2: -Based on the assumption that the power of the federal government was needed to get the country out of the depression, the first days of Roosevelt’s administration saw the passage of banking reform laws, emergency relief programs, work relief programs, and agricultural programs.

Detailed explanation-3: -The New Deal stabilized the banks and cleaned up the financial mess left over from the Stock Market crash, allowing credit to flow again. It stabilized farm prices, aided state and local governments, and injected a surge of federal spending into the economy that bolstered household incomes and business revenues.

Detailed explanation-4: -In 1935, the New Deal shifted its attention to labor and urban groups. The Wagner Act increased the authority of the federal government in industrial relations and gave further organizing power to labor unions under the execution of the National Labor Relations Board (NLRB).

Detailed explanation-5: -The New Deal restored a sense of security as it put people back to work. It created the framework for a regulatory state that could protect the interests of all Americans, rich and poor, and thereby help the business system work in more productive ways.